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  • $470,000

     Chicago, IL 60641

    4beds
    --sqft
    Multi Family
    Built in 1931
    -- sqft lot
    $470,200 Zestimate®
    $--/sqft
    $2,185 Estimated rent

    Home value

    $470,200

    $428,000 - $517,000

    $2,185/mo

    Zestimate® history
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    What's special

    **Incredible opportunity in the heart of Belmont Cragin!** First time on the market in over 50 years. This classic Chicago 2-flat sits on an oversized lot and offers endless potential for investors, contractors, or homeowners with vision. Keep it as a 2-flat or reconvert it to a spacious single family home. Featuring generous room sizes, original character, and a flexible layout, this property is primed for cosmetic updating and ready to be transformed into a true gem. The first-floor unit offers a spacious and traditional Chicago layout with a large living room, formal dining room, an eat-in kitchen, 2 bedrooms plus a tandem room-perfect for a home office, nursery, or additional bedroom. This level also connects directly to the partially finished basement, which includes exterior access, laundry room and additional living space. The second-floor unit mirrors the charm of the first floor with its own large living room plus tandem office space, dining room, 2 bedrooms, and a bright, spacious eat-in kitchen. Both units offer strong rental potential. Step outside to find a lovely backyard and a 2-car garage for convenient parking and storage. This unique setup is ideal for multigenerational living. Located in the vibrant Belmont Cragin neighborhood, residents enjoy the warmth of a long-established community known for its friendly atmosphere, local eateries, beautiful parks, and easy access to shopping. The area offers convenient public transportation options and close proximity to major routes, making commuting throughout the city a breeze. Whether you're an investor searching for strong rental upside, a contractor seeking your next project, or a homeowner dreaming of converting a large multi-unit into a sprawling single-family home, this property provides the square footage, location, and potential to bring your vision to life. With its solid structure, desirable lot size, and unbeatable versatility, this Belmont Cragin 2-flat is an opportunity you don't want to miss.

    Zillow last checked: 8 hours ago

    Listing updated: January 14, 2026 at 01:06am

    Listing courtesy of:

    Laura Herlo 773-671-4434,

    Coldwell Banker Realty

    Bought with:

    Juan Valadez, GRI

    HomeSmart Connect LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12517598MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Radiant
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 3,750 sqft
    • Dimensions: 30 x 125
    Details
    • Parcel number: 13281210120000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    Condition
    • New construction: No
    • Year built: 1931

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/12/2026Sold$470,000
    Source: MRED as distributed by MLS GRID #12517598 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$1,005 -0.6%$34,003
    2022$1,011 +5%$34,003
    2021$963 -3.1%$34,003 +39.7%

    Neighborhood: Cragin

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $470,200